WES wesfarmers limited

is $20 billion too much debt?, page-12

  1. 61 Posts.
    lightbulb Created with Sketch. 2
    Yeah, thats $20.8B of Intangable assets on the balance sheet (the coles brand and things that have value but couldn't be sold if you liquidated the company) No doubt there will probably be a huge writedown at some stage??, but that doesn't really affect the day to day running of the company or the profits it makes.
 
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